Loop Capital Maintains Buy on Reddit, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Alan Gould maintains a Buy rating on Reddit (NYSE:RDDT) and raises the price target from $60 to $75.
July 03, 2024 | 11:52 am
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Loop Capital analyst Alan Gould maintains a Buy rating on Reddit and raises the price target from $60 to $75.
The Buy rating and increased price target from a reputable analyst at Loop Capital is likely to boost investor confidence in Reddit, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100